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RE: Toasters: What Is Wrong With Economics (and thus, how Capitalism fails)

in Informationwar2 years ago (edited)

I really like hearing your ideas about distributed manufacturing. It would make sense that at some point when the Ponzi house of cards collapses that we would see the consumerism go, and the economies of scale with it. Couple this with the tech we already have and what's yet to be invented and this is very possible. Proof of concept can be seen with a lot of YouTubers whose content revolves around project vehicles or designing and building cool stuff. I watch them from when they're tiny and quite unsophisticated, using basic hand tools etc., then they tend to upgrade their shops over time, get lathes and mills, cnc plasma tables and the like until they have a full blown manufacturing facility for making one off parts. Supply chain issues are really accelerating this. It's so much easier to take a few minutes and make something than it is to drive a couple hours to get it, or wait days to have it delivered across the country. I think this kind of thing is very possible to spread to everyone if the need arises. Not everyone has the justification for such things now. You can just go to the store and buy something or wait for it in the mail if your livelihood doesn't depend on it. That may change at some point.

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It has never been easier to manufacture stuff in your garage.

But, it has also never been harder as everyone expects sleek plastic housing and tons of bells and whistles.
Todays stuff is almost impossible to work with, modify or fix. (as opposed to the 50s, where most guys tinkered with their cars)

Definitely. A couple years ago I tried repairing an electric pressure washer. I had to partially destroy the housing to get it apart. Once I got inside, no user serviceable parts. It cost me $30 off of craigslist and I used it for years, so tossing it wasn't a big deal, but to your point, this is the way they do it. It's cheaper just to buy a new one. I wouldn't be able to compete with that.